Datasea Inc., through its subsidiaries, provides smart security solutions in the People's Republic of China. It develops big data security and smart 3D security platforms, safe campus security systems, scenic area security systems, and public community security systems, as well as epidemic system. The company offers its smart security solutions primarily to schools, tourist or scenic attractions, and public communities. It also provides 5G messaging and smart payment solutions. The company was formerly known as Rose Rock, Inc. and changed its name to Datasea Inc. in October 2015. Datasea Inc. was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.
IPO Year:
Exchange: NASDAQ
Website: dataseainc.com
The Prospective Partnership with a Subsidiary of China Mobile, one of the World's Largest Mobile Operator, Underscores DTSS' Achievements in 5G-AI Communications BEIJING, Aug. 6, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a digital technology company incorporated in Nevada, engaged in innovative businesses in high-tech intelligent acoustics in the United States, and 5G-Artificial Intelligence ("AI") multimodal communication technology in China, today announced that on July 17, 2024, the Company's wholly-owned subsidiary, Heilongjiang Xunrui Technology Co., Ltd. ("Xunrui Technology"), was selected by China Mobile Internet Co., Ltd. ("China Mobile Internet")
BEIJING, July 3, 2024 /PRNewswire/ -- Datasea Inc., (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada corporation engaged in innovative businesses in high-tech intelligent acoustics and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced the closing of its previously announced registered direct offering with a certain institutional investor, pursuant to which the Company sold 692,308 shares of its common stock (or common stock equivalents in lieu thereof) at an offering price of $3.25 per share of common stock (or common stock equivalents in lieu thereof) in a registered direct offering.
BEIJING, July 2, 2024 /PRNewswire/ -- Datasea Inc., (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada corporation engaged in innovative businesses in high-tech intelligent acoustics and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced that it entered into a share purchase agreement with a certain institutional investor to purchase 692,308 shares of its common stock (or common stock equivalents in lieu thereof) at an offering price of $3.25 per share of common stock (or common stock equivalents in lieu thereof) in a registered direct offering. The offering is expected to close on or about July 3, 2024, subject to satisfac
The Three Agreements Support Continued Fiscal Year 2025 Revenue Growth for its Core AI-Based Businesses BEIJING, July 1, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada corporation engaged in innovative businesses in high-tech intelligent acoustics and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced three new sales agreements with its subsidiaries in China. If the parties to these agreements that total approximately $61.7 million that encompass two agreements for its 5G-AI communications segment, and one agreement for its high tech acoustic products segment.
Agreement to Have Powerful Revenue Impact and is Expected to Lead to More Lucrative Contracts BEIJING, June 3, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada company engaged in innovative business segments in high-tech intelligent acoustics and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced that on May 11, 2024, its Chinese operating entity, Shuhai Information Technology Co., Ltd. ("Shuhai Information"), has entered into a Cooperation Agreement (the "Agreement") with Beijing Haoteng Chuangxiang Technology Co., Ltd. ("Haoteng Chuangxiang") , to enhance the Company's 5G AI multimodal
DTSS on Track to Achieve Record Revenue for Fiscal 2024 as it Further Penetrates China's $528 Billion 5G Market BEIJING, May 6, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a digital technology company incorporated in Nevada and engaged in innovative business segments for acoustic high tech and 5G-AI multimodal communication technology in China, pre-announced estimated revenue of approximately $12.5 million for the month of April 2024. This revenue, which is mainly attributable to Datasea's 5G multimodal communication business, supports the Company's revenue previously announced guidance of $86 million for its full fiscal year, representing a 1,128% year-ove
BEIJING, April 22, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a trailblazing digital technology company incorporated in Nevada, dedicated to innovative solutions in acoustic high tech and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced that has announced its entry into a Framework Agreement with iPower Inc. (NASDAQ:IPW) for Product Cooperation, marking the commencement of a joint effort to bolster product distribution within the US online market. "The partnership between Da
BEIJING, April 17, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a digital technology company incorporated in Nevada, dedicated to innovative business in acoustic high tech and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced that the Company's wholly-owned subsidiary, Shuhai Jingwei (Shenzhen) Information Technology Co., Ltd. ("Shuhai Jingwei"), entered into a Sales Agreement (the "Agreement") with Hangzhou Fubo Zhonglian Technology Co., Ltd. ("Fubo Zhonglian Technology") for the sale of up to $6.91 million (RMB 50 million) of the Company's acoustic high tech products. This represents a sust
BEIJING, April 9, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a digital technology company incorporated in Nevada, dedicated to innovative business in acoustic high tech and 5G-Artificial Intelligence multimodal communication technology in the United States and China, today announced that Ms. Zhixin Liu, Founder and Chief Executive Officer of Company, intends to purchase up to $3,000,000 of the Company's common stock from time to time from her personal funds over the next 12 months. Such purchases will be executed on the open market at prevailing market prices, and CEO Ms. Zhixin Liu has sole discretion as to how much Datasea common stock she will purchase,
BEIJING, April 4, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a digital technology company incorporated in Nevada, dedicated to innovative business in acoustic high tech and 5G-Artificial Intelligence multimodal communication technology in the United States and China, today announced that the Company's wholly-owned subsidiary, Shuhai Jingwei (Shenzhen) Information Technology Co., Ltd. ("Shuhai Jingwei"), entered into a Sales Agreement (the "Agreement") with Shenzhen Xiaoranfang Marketing Co., Ltd. ("Xiaoranfang Marketing") for the sale of up to approximately $8.45 million (RMB 60 million) of the Company's acoustic high tech products. The signing of this Agr
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The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Key Tronic Corporation (NASDAQ:KTCC) On June 20, Key Tronic announced a consulting arrangement with Craig D. Gat
Datasea Inc (NASDAQ:DTSS) shares are trading lower by 27.1% to $3.60 during Tuesday’s session after the company announced that it priced its $2.25 million registered direct offering of 692,307 shares at $3.25 per share. The offering is expected to close around July 3, pending standard conditions. The funds will be used for research and development, market expansion and general corporate purposes. EF Hutton LLC is acting as the exclusive placement agent for the offering. Read Also: Tesla Deliveries Fall For Second Straight Quarter, But Stock Takes Off As Q2 Numbers Exceed Expectations How To Buy DTSS Stock By now you're likely curious about how to participate in the market for
Datasea Inc., (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada corporation engaged in innovative businesses in high-tech intelligent acoustics and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced that it entered into a share purchase agreement with a certain institutional investor to purchase 692,308 shares of its common stock (or common stock equivalents in lieu thereof) at an offering price of $3.25 per share of common stock (or common stock equivalents in lieu thereof) in a registered direct offering. The offering is expected to close on or about July 3, 2024, subject to satisfaction of customary closing conditions.D
Datasea Inc (NASDAQ:DTSS) shares are trading higher by 37% to $6.17 during Monday’s session after the company announced three sales agreements with its Chinese subsidiaries, totaling approximately $61.7 million. Datasea’s subsidiary Guozhong Haoze secured a $30 million contract with Shenzhen Juhaowan Technology Co., Ltd. on May 15, 2024, to provide 5G AI multimodal communication services over 12 months. Similarly, Datasea’s Heilongjiang Xunrui subsidiary signed a $30 million contract with Shenzhen Yuzhongqing Technology Co., Ltd. on May 13. Additionally, the company’s Shuhai Jingwei subsidiary finalized a $1.7 million agreement with Tianjin Qianli Culture Communication Co., Ltd. on Ju
Gainers MicroAlgo (NASDAQ:MLGO) shares moved upwards by 158.3% to $4.03 during Tuesday's pre-market session. The company's market cap stands at $30.6 million. Core Scientific (NASDAQ:CORZ) shares rose 42.29% to $6.93. The company's market cap stands at $1.2 billion. Datasea (NASDAQ:DTSS) shares increased by 21.41% to $5.5. The company's market cap stands at $16.8 million. ARB IOT Group (NASDAQ:ARBB) shares rose 17.98% to $0.9. The company's market cap stands at $23.7 million. Neonode (NASDAQ:NEON) stock rose 16.42% to $3.26. The company's market cap stands at $50.0 million. Sequans Communications (NYSE:SQNS) shares moved upwards by 11.68% to $0.78. The company's market cap stands at $4
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BEIJING, Feb. 13, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a global technology company that develops and provides products utilizing intelligent acoustics including ultrasound, infrasound and directional sound, and provides 5G multimodal communication, upgraded 5G messaging services, today announced its financial results for the second quarter ended December 31, 2023. "We delivered strong performance in our second quarter of 2024 with revenue of approximately $11.3 million which brought our first half revenue of 2024 to $18.2 million. The i
BEIJING, Nov. 13, 2023 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a global technology company that develops and provides products utilizing intelligent acoustics including ultrasound, infrasound and directional sound, and provides 5G messaging, today announced its financial results for the first quarter ended September 30, 2023. "Our first quarter results delivered strong performance with revenue of approximately $6.8 million. The increase in revenue was mainly due to the rapid increase of our 5G messaging business in China. For the current period, we benefitted from our diversified communications portfolio, our expanded addressable market and our continued im
BEIJING, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), incorporated in Nevada in September 2014, is a digital technology corporation engaged in three converging and innovative business segments: 5G messaging, acoustic intelligence, and smart city in China, today announced financial results for its full fiscal year ended June 30, 2022, and provided an update on its key strategic and operational initiatives. The Company will host a conference call and webcast to discuss its financial results today at 9 a.m. ET (9 p.m. Beijing and Hong Kong Time). "This year marked an important moment in Datasea's history. We launched 5G messaging solutions and i
BEIJING, May 16, 2022 (GLOBE NEWSWIRE) -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), incorporated in Nevada in September 2014, and a digital technology corporation engaged in three converging and innovative business segments: 5G messaging, acoustic intelligence and smart city in China, today announced financial results for the quarter ended March 31, 2022 and provided an update on its key strategic and operational initiatives. "Datasea delivered record third quarter results with year-over-year growth, mainly driven by accelerating demand for our 5G messaging solutions. This quarter marked a significant inflection point to scale and transform Datasea, underscoring
BEIJING, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), incorporated in Nevada in September 2014, is a digital technology corporation engaged in three converging and innovative business segments: 5G messaging, acoustic intelligence and smart city in China, today announced financial results for the quarter ended December 31, 2021 and provided an update on its key strategic and operational initiatives. "Datasea had a solid quarter as our 5G messaging business started to demonstrate its great value and capability to improve the Company's competitiveness and create new sources of revenue and profits. As one of the first movers in this industry, Da
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